Emeco (EHL) just announced a recap deal, that involves a capital...

Emeco (EHL) just announced a recap deal, that involves a capital raise and does not make the shareholders current equity worthless, unlike what MR deal trys to do, just goes to show how bad the deal is, and EHL debt is far higher than Mcaleese.

They could have come up with a much fairer deal for all shareholders but instead decided to screw us over